Weekend Herald

Street level commercial units in city fringe tower

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SH20 with SH1 to the south and SH16 to the northwest.

“Already well establishe­d as a premium industrial precinct, these improvemen­ts have made Airport Oaks even more popular as a hub for importing and exporting, distributi­on and freight forwarding,” he says.

“The area has a number of highprofil­e national and internatio­nal occupiers including DHL, DB Schenker, Hellmann Worldwide Logistics, Freedom Furniture and campervan company Maui NZ.”

The property’s six-year lease has more than five years remaining, followed by two rights of renewal of six years each.

Warby says the site’s Light Industry zoning allows for industrial activities that do not generate objectiona­ble odour, dust or noise.

“This includes manufactur­ing, production, logistics, storage, transport and distributi­on activities.”

Tenant Husqvarna is a global manufactur­er of outdoor products including chainsaws, trimmers, and ride-on and robotic lawn mowers.

“The company was founded in Sweden in 1689 and now employs some 13,000 staff in 40 countries, with its products sold in more than

100 countries,” Warby says.

He says interest in the property is expected to be strong due to its “superb location, quality improvemen­ts, long lease and enviable tenant covenant”.

For more content and thousands of

listings go to: truecommer­cial.co.nz Three new commercial workshop units with car parks are for sale with vacant possession at the base of the

14-level SKHY apartment tower in Auckland’s city fringe suburb of Newton.

The units are particular­ly suited to owner-occupiers seeking flexible space near the CBD, says Jonathan Lynch of Colliers Internatio­nal who, with fellow investment sales broker Gareth Fraser, has been exclusivel­y appointed to market Units 1-3 at 5 Hohipere St by deadline private treaty closing at 4pm on Wednesday April

18, unless sold earlier.

The three street level units, featured in the latest Colliers Portfolio publicatio­n released yesterday, have net lettable areas of 60sq m, 100sq m and 180sq m.

Each unit has one or two external car parks that benefit from dual-road access via Symonds St or Khyber Pass Rd.

Fraser says prospectiv­e owneroccup­iers could include creative businesses looking for a spacious new office or studio. “The sale represents an opportunit­y to secure one of a handful of commercial units in the newly-developed SKHY mixed-use precinct,” Lynch says.

Positioned near the corner of main arterials Symonds St and Khyber Pass Road, a range of residentia­l, commercial and retail space is available within the former Winstone’s office tower, which has been redevelope­d into a high-end apartment building offering elevated city living.

“The Business Mixed Use zoning makes the units suitable for many different commercial options including office, warehouse, storage or distributi­on uses,” Lynch says.

“City fringe units like these are becoming scarce. They have good natural light and are easily accessed via internal doors that lead to a shared loading dock and new toilet facilities.

“External access is also available via well-secured doors, serviced by a modern security system. The two largest units also have external roller door access.”

With apartments still for sale at SKHY, buyers could pick up both a residentia­l and a commercial unit, making for a potential live-work lifestyle.

“Apartment buyers in SKHY also have the chance to pick up one of the commercial units to use for workshop, recreation­al or storage space,” Fraser says.

“This could be especially attractive to a high net worth buyer who has traded in a large suburban home for a city fringe lifestyle — but still wants space to store belongings or indulge in hobbies.”

“The area has regular bus services on both Khyber Pass Rd and Symonds St,” Fraser says.

“The Mt Eden train station with its regular train services is a short walk away and is set to become a major hub once the City Rail Link is completed.”

Fraser says there are numerous bars, cafes and shops in the upper Symonds St area including Coffix on Hohipere St, The French Cafe, Kazuya, The Corner Store, Twenty Three, Lillius and Goodness Gracious.

“Popular entertainm­ent spots include the live music venue The Powerstati­on and craft brewery Galbraith’s Alehouse, both on nearby Mount Eden Rd.”

He says the wider Newton area is home to a diverse mix of residentia­l, office and increasing­ly rare light industrial users.

“The property is within a good walking distance of Eden Terrace, Grafton, Newmarket and the Auckland CBD.”

The SKHY apartment tower is a collaborat­ion between developers Lamont & Co and Cheshire Architects.

 ??  ?? Colin Taylor
Colin Taylor
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